explanade
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- May 10, 2008
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This article on VG suggests doing so:
https://vanguardblog.com/2017/02/15...eITV:030217:EDU:blog:slot1:MULT:RET:XX:210:XX
Of course, VG is trying to get people to roll over 401k funds to them anyways.
So do you roll over to an existing IRA account or a new one? Can you have more than one IRA account, either in one institution or in different institutions?
How would that work if you're rolling over 401k, with pretax money, over to a Roth IRA, which was built up with post-tax money?
But an RMD is based on a percentage of assets so making an RMD out of a 401k and an RMD out of a Roth IRA should be about the same as if you took an RMD after rolling over 401k into that Roth IRA?
https://vanguardblog.com/2017/02/15...eITV:030217:EDU:blog:slot1:MULT:RET:XX:210:XX
Of course, VG is trying to get people to roll over 401k funds to them anyways.
So do you roll over to an existing IRA account or a new one? Can you have more than one IRA account, either in one institution or in different institutions?
How would that work if you're rolling over 401k, with pretax money, over to a Roth IRA, which was built up with post-tax money?
But an RMD is based on a percentage of assets so making an RMD out of a 401k and an RMD out of a Roth IRA should be about the same as if you took an RMD after rolling over 401k into that Roth IRA?